Age of householder
Per the latest American Community Survey by the Census Bureau, Union Hill sees its highest median household income among householders in the age group of 45 to 64 years old, at $108,767. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Union Hill, where there exist only two delineated age groups, the median household income is $108,767 for householders within the 45 to 64 years age group, compared to $78,636 for the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $11,260(12.53%), declining from a median of $89,896 in 2011 to $78,636 in 2021.
- 3(12.50%) households where the householder is under 25 years old.
- 11(45.83%) households with a householder aged between 25 and 44 years.
- 9(37.50%) households with a householder aged between 45 and 64 years.
- 1(4.17%) households where the householder is over 65 years old.
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Gender
In Union Hill, the population consists of 39 males (54.93%) and 32 females (45.07%). Here are the primary highlights from the gender-based income distribution analysis:
- In Union Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $36,481 for males and $42,224 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,156 for males and $47,290 for females.
- In Union Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $36,481 for males and $42,224 for females.
- In Union Hill, among full-time, year-round workers aged 15 years and older, males earned a median income of $37,156, while females earned $47,290
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Race
In Union Hill, the population is predominantly White, constituting 85.92% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $76,678.
- In Union Hill, White is both the largest group and the one with the highest median household income, which stands at $76,678.
- In Union Hill, the median household income for the households where the householder is White decreased by $4,774(5.86%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $81,452 in 2011 and $76,678 in 2021.
- As per the U.S. Census Bureau population data, in Union Hill, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Union Hill, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Union Hill decreased by $5,434 (6.54%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2013 to 2014, when the median household income increased by 47,184 (from $102,513 to $149,697). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 50,436 (from $138,599 to $88,163).
- It then further decreased to 78,636 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.2383, it is evident that income distribution in Union Hill, IL exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $71,804.
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